Madison Square Garden
MSGS
215 hedge funds and large institutions have $2.93B invested in Madison Square Garden in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 91 reducing their positions, and 22 closing their positions.
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% less funds holding
Funds holding: 216 → 215 (-1)
0.49% less ownership
Funds ownership: 124.59% → 124.1% (-0.49%)
4% less capital invested
Capital invested by funds: $3.05B → $2.93B (-$126M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
37% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 91
81% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$23.9M |
| 2 |
GCM
Gruss Capital Management
New York
|
+$19.5M |
| 3 |
First Eagle Investment Management
New York
|
+$17.7M |
| 4 |
Millennium Management
New York
|
+$12.4M |
| 5 |
LPC
Long Pond Capital
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$40.5M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$11.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$8.6M |
| 4 |
Renaissance Technologies
New York
|
-$7.86M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$7.76M |
MSGS Hedge Fund Activity: Q3 2016 in Review
215 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q3 2016, worth a combined $2.93B — down 4.1% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MSGS positions and 22 closed out — a net gain of 1 holder — while 57 added to existing stakes and 91 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $23.9M. The largest seller was Jericho Capital Asset Management, cutting an estimated $40.5M.
- 215 institutional investors held Madison Square Garden (MSGS) as of Q3 2016, down from 216 in Q2 2016.
- Funds reported $2.93B of Madison Square Garden stock for Q3 2016, down 4.1% quarter-over-quarter.
- 23 funds opened new Madison Square Garden positions in Q3 2016 and 22 closed out, a net change of +1 holder.
- The largest Madison Square Garden buyer in Q3 2016 was Lazard Asset Management, an estimated $23.9M added.
- The largest Madison Square Garden seller in Q3 2016 was Jericho Capital Asset Management, an estimated $40.5M sold.
Based on aggregated 13F filings for Q3 2016.